Redflex Bankruptcy Looms?

It has to be tough showing up to work in the perpetual Fraud Zone that is Redflex Traffic Systems.

Recent reports of low employee morale and executives running off with money while the company’s profit sinks can’t help the situation.

The latest all-out system failure of point-to-point speed sensors in Australia resulted in the Police department of Victoria shutting them down. 68,000 tickets are now in question because of this major equipment malfunction and resulting refunds would effectively bankrupt the company. Recently their profit margin has been reduced to near zero.

Redflex will do everything they can to avoid paying these refunds and it’s hard to say what will result from this major failure of automated ticketing.

Locally, Show Low and Star Valley Arizona were the first communities in the United States to allow the scam of point-to-point ticketing by Redflex to invade their roads. How many fraudulent tickets have been issued in those towns as well?

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This entry was posted on Tuesday, October 19th, 2010 at 4:05 am and is filed under News, Redflex. You can follow any responses to this entry through the RSS 2.0 feed.
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PHOENIX – The Arizona state senator who wrote the nation’s toughest law against illegal immigrants said Tuesday he and 13 other state lawmakers are collecting support from legislators to challenge automatic U.S. citizenship to the children of illegal immigrants.

Sen. Russell Pearce’s target is the U.S. Constitution’s 14th Amendment.

“This is a battle of epic proportions,” the Mesa Republican said Tuesday during a news conference at the Arizona Capitol. “We’ve allowed the hijacking of the 14th Amendment.”

MYFOXNY.COM – Auditors say the New Jersey Turnpike Authority wasted $43 million on unneeded perks and bonuses. In one case, an employee with a base salary of $73,469 earned $321,985 when all payouts and bonuses were included.

The audit says that toll dollars were spent on items ranging from an employee bowling league to employee bonuses for working on birthdays.

All this took place while tolls were being increased.

The biggest expense uncovered in the audit was $30 million in unjustified bonuses to employees and management in 2008 and 2009 without consideration of performance.

One example was paying employees overtime for removing snow and working holidays and then giving additional “snow removal bonuses” and “holiday bonuses.”

The Comptroller’s Office audit released Tuesday says taxpayers also paid $430,000 for free E-ZPass transponders and nearly $90,000 in scholarships for workers’ kids.

The audit shows turnpike authority employees got bonuses and overtime for working their birthdays and holidays.

Comptroller Matt Boxer says the excesses happened as tolls increased on the Turnpike and Garden State Parkway in 2008. They’re slated to rise again in 2012.

“While tolls are going up, the Turnpike Authority is overpaying its employees, overpaying its management, overpaying for its health plan and overpaying for legal services,” Boxer said in a statement.

Public money was also used to cover costs for a toll operators event that none of the authority’s employees actually attended.

Another audit finding was that employees were allowed to cash out a portion of their unused sick and vacation days at the end of the year to circumvent the current $15,000 limit for sick leave payouts upon retirement. That cost $3.8 million a year.

Among the questionable legal expenses was a billing for $111,840 for a law firm’s weekly internal status meetings that were generally attended by 10 to 15 of the firm’s attorneys and two to three of its paralegals.